US Rates on Hold for ‘Foreseeable Future’: April’s CPI Report

Can Bitcoin Bulls Shake Off a New US CPI Inflation Spike?

Bitcoin (BTC) saw classic volatility ahead of Tuesday’s Wall Street open as a key US inflation gauge hit its highest levels in three years. Key points: US CPI inflation reaches its highest year-on-year levels since 2023. Energy prices fuel the rise, with the US-Iran war continuing to make its presence felt. Bitcoin traders retain support levels while a 200-day trend line comes in as resistance. Bitcoin price on edge as CPI beats multiyear recor…

US rates on hold for ‘foreseeable future’: April’s CPI report

The US consumer price index in April recorded its biggest year-over-year increase since May 2023, putting Fed policymakers firmly on the sideline.

US CPI Data Expected to Show Stubbornly High Inflation as Iran Conflict Pressures Global Markets

BitcoinWorld US CPI Data Expected to Show Stubbornly High Inflation as Iran Conflict Pressures Global Markets The upcoming release of US Consumer Price Index (CPI) data is expected to reveal inflation hovering near a three-year high, a development that comes as the protracted conflict involving Iran...

US CPI: Are Stock Markets Immune as the Iran War Fuels Inflation?

Will US inflation data challenge the low-volume AI melt-up carrying the stock market to record highs?